Maybe we have to say goodbye to SoftBank’s adorable humanoid robot Pepper. According to Reuters, the Japanese conglomerate stopped producing the robot last year and is cutting jobs in robot-related companies in several countries. Apparently there wasn’t much demand for Pepper, and SoftBank only ever produced 27,000 units of Foxconn. Nikkei has also reported that … Read more
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. Natasha and Danny, and Alex and Grace, were all here to talk about the week’s biggest tech events. This week felt strangely comforting from a tech news standpoint: Facebook is copying something, early launch dates are buggy … Read more
The SPAC craze continues unabated, and at times new SPACs are filed with the SEC almost every hour. SoftBank, the Japanese telecommunications conglomerate that also manages the gigantic Vision Fund and its successor, doesn’t want to be left out. Two consecutive SPAC registrations were filed yesterday for two new blank check companies. SVF Investment Corp … Read more